Investments

• Wednesday, June 2nd 2021 - 01:15 UTC

  Falklands publishes ‘prudent budget’ for 2021/22

  

  The Falkland Islands Government yesterday published its budget for the upcoming financial year, describing it as a prudent budget that focuses on stability and continuity. The budget forecasts operating expenditure of £78.3m and revenues of £92.2m, as well as a capital programme totalling £53.5m for the upcoming financial year.

• Tuesday, June 1st 2021 - 08:00 UTC

  Football as social tool makes full scale Caribbean landing with Caricom agreement

  

  Caribbean nations grouped under Caricom and international football's governing body FIFA Monday signed a Memorandum of Understanding (MoU) to foster collaborative work towards the development of the sport in the region, it was announced.

• Monday, May 31st 2021 - 09:37 UTC

  Argentine government not fair with milk producers

  

  As tensions between the Government of President Alberto Fernández and rural producers seem to be focused on the 30-day ban on meat exports, the Argentine Rural Confederations (CRA) issued a statement this weekend headed “Does the milk producer not matter?”

• Saturday, May 29th 2021 - 08:41 UTC

  Brazil threatened by shortages in electricity supply due to water emergency

  

  Brazil's Electric Sector Monitoring Committee Thursday issued a “water risk” warning and the Federal Government undertook a series of measures to avoid energy rationing until October, a period of low rainfall and more severe drought in the southeast and midwest, it was announced.

• Saturday, May 29th 2021 - 03:50 UTC

  Brazilian airline interested in taking over LATAM Brazil

  

  After reporting the cancellation of the code share with LATAM Brazil, and announcing that it was looking for «consolidation opportunities» in the market, air industry sources indicate that Azul Linhas Aéreas is considering making an offer to LATAM Airlines for the Brazilian subsidiary.

• Thursday, May 27th 2021 - 09:03 UTC

  Amazon buys over MGM Studios for 8.45 billion US dollars

  

  Amazon and MGM Wednesday announced a definitive merger agreement had been reached, under which Amazon will acquire MGM Studios for a purchase price of US $ 8.45 billion.

• Thursday, May 27th 2021 - 08:50 UTC

  Royal Navy's Type 31 frigates have names; HMS Active recalls her predecessor and Falklands liberation

  

  The names of five next-generation Type-31 frigates for the Royal Navy have been announced. Approved by HM The Queen, the vessels will be named HMS Active, HMS Bulldog, HMS Campbeltown, HMS Formidable and HMS Venturer.

• Friday, May 21st 2021 - 09:08 UTC

  Last LATAM Argentina Airbus flies back home from Aeroparque which halts regional flights

  

  Operation of regional flights at the Autonomous City of Buenos Aires (CABA)'s only airfield commonly known as Aeroparque Jorge Newbery Airport (AEP/SABE), which reopened recently following renovations, have been shifted to the Ezeiza Ministro Pistarini international airport (technically in the Province of Buenos Aires) due to lack of proper coronavirus detecting facilities.

• Thursday, May 20th 2021 - 09:32 UTC

  Brazil wants Mercosur to agree on a 20% reduction of the Common External Tariff

  

  Brazil is determined that Mercosur's Common External Tariff, TEC, be reduced by 20% in two rounds of unilateral cuts, 10% immediately, and the other 10% in December. This is the official strategy and position of Brazil for the extraordinary meeting in June of the four founding members of the group, in Buenos Aires, underlined Lucas Ferraz, foreign trade secretary of the Brazilian Ministry of the economy.

• Thursday, May 20th 2021 - 08:39 UTC

  Astra-Zeneca vaccines produced jointly by Mexico and Argentina almost ready for delivery

  

  The first batch of Oxford-Astra Zeneca anticoronavirus vaccines produced jointly by Mexico and Argentina are almost ready to start shipping, Mexican Foreign Minister Marcelo Ebrard announced Wednesday.